Large enterprise IT services: Looking for "acquisitions that would scale the services business faster. These deals would focus on intellectual property, technology and in some case headcount," says ZDNet.

Dell is more focused on acquiring healthy companies with products that can offer quick returns, so it may not seek acquisitions in the low-margin areas like client hardware, said CFO Gladden via PCWorld.

There was no mention interest in a mobile device company, though rumors of the company acquiring Palm are age-old and make more sense now that Palm has managed to build a new, technically impressive platform, WebOS.